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we elected to you lead, not to follow the hard left or hard right. govern from the middle and lead. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> a huge storm spanning frlgts midwest to the east coast is dumping plenty of snow and rain across the nation. dr. greg postell from the weather channel has more on exactly what's going on. over to you. >> thanks, the snow storm is beginning to wind down
we elected to you lead, not to follow the hard left or hard right. govern from the middle and lead. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq,...
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that is something that would be a risk on the speaker's part as he faces a re-election by the house of representatives to the speakership in early january, but we'll see whether if it comes to that, whether he's willing to do it. 8. >> john, thank you very much. >>> as we edge ever closer to our impending fiscal doom, we will look more closely how the markets are reacting and what is yet to come. joining us now, michael farr in washington, and also peter schear. great to have you both with us. thanks for coming back from various holidays. michael, this is not an economic crisis. this is not a market crisis. this feels like a political crisis. do you blame our leaders for failing to get their act together over this? >> mandy, it is a profound failure of leadership once again from washington. i mean, we have been facing this profligate spending for a long time. over the last four years it's been $5 trillion more than we've brought in in receipts. just think about that in terms of your own household if you spent 11%, 12% more than you brought in in your annual receipts. it doesn't work lo
that is something that would be a risk on the speaker's part as he faces a re-election by the house of representatives to the speakership in early january, but we'll see whether if it comes to that, whether he's willing to do it. 8. >> john, thank you very much. >>> as we edge ever closer to our impending fiscal doom, we will look more closely how the markets are reacting and what is yet to come. joining us now, michael farr in washington, and also peter schear. great to have you...
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not about the election. the election is over. it's about spending cuts, really what 2010 was about. i think that's where the negotiations go in the next couple of days. >> you think about the polling and how this polls and issues david was talking about and common ground and who gets blame going over the fiscal cliff, how do you see it? >> i think that's the wrong question to ask. we're not in a political season. we either need the country to function or we don't. >> we will be. in 12 months from now, we'll be right back it an again. whatever happens over the next three weeks will be part of some campaign 12 months from now. >> i would rather worry about principle than politics and the republican party has very few principles left. one not to raise tax and the other extract serious spending cuts. you have a bunch of democrats we lost the whole point, you have the democratic party for 10 years, they have been willing to go for tax cuts and they voted for that. >> that's factually wrong. in any time you have an individual -- they didn't vote for tax cuts under bush and your president
not about the election. the election is over. it's about spending cuts, really what 2010 was about. i think that's where the negotiations go in the next couple of days. >> you think about the polling and how this polls and issues david was talking about and common ground and who gets blame going over the fiscal cliff, how do you see it? >> i think that's the wrong question to ask. we're not in a political season. we either need the country to function or we don't. >> we will...
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and since election day, the markets have been fighting worries over the fiscal cliff. in the meantime, we'll take a short break. back in a minute. >>> we are glad to welcome back simon hobbs to the program. he's going to tell us what's coming up at 10:00. >> always good to be back, carl. welcome, everybody. we're going to talk particularly about retail. do we have a problem in retail, and what exactly is it. the ceo of the national retail federation will join us live. we're going to break down specifically whether it's the sandy effect or luxury goods effect. one you might want to sell on. the other thing we talk about is house prices. clearly this morning up over 4% year over year, in the top 20 cities. when will the jobs come back in construction. will that be the major theme for 2013. back to you. >> simon, see you in a couple. the dating scene is hitting a fiscal cliff of its own. an article in the noew york tims may not matter if your credit score is less than attractive. the "times" interviewed more than 50 daters around the u.s. all under 40 years old. what is t
and since election day, the markets have been fighting worries over the fiscal cliff. in the meantime, we'll take a short break. back in a minute. >>> we are glad to welcome back simon hobbs to the program. he's going to tell us what's coming up at 10:00. >> always good to be back, carl. welcome, everybody. we're going to talk particularly about retail. do we have a problem in retail, and what exactly is it. the ceo of the national retail federation will join us live. we're going...